Ethan De Naray, Financial Advisor Suspended from Securities Industry

Ethan De Naray, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Ethan De Naray CRD #4571532

Ethan De Naray is a currently licensed financial advisor with Feltl & Company. Ethan De Naray was previously licensed with Merrill Lynch. FINRA reports that Ethan De Naray was suspended from the securities industry in September 2018.

According to FINRA: Ethan De Naray consented to the sanctions and to the entry of findings that Ethan De Naray effected discretionary transactions in accounts of one customer without obtaining prior written authorization from the customer, and without the member firm having accepted the accounts as discretionary. The findings stated that Ethan De Naray mismarked order tickets as unsolicited when, in fact, the trades memorialized by the order tickets were solicited. By virtue of this conduct, Ethan De Naray caused his firm’s books and records to be inaccurate.

According to Ethan De Naray’s CRD, Ethan De Naray was discharged from Merrill Lynch in May 2017. According to Ethan De Naray’s CRD, Ethan De Naray’s was discharged for alleged conduct including exercising discretion in non-discretionary customer accounts and mismarking trades as unsolicited.

According to Ethan De Naray’s CRD, a customer dispute was filed alleging unauthorized trading from June 2016 to February 2017. According to Ethan De Naray’s CRD, this customer dispute was settled for $92,000.

If you lost any money on investments with Ethan De Naray, you may be able to recover your losses. If you lost money on investments with Ethan De Naray and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Ethan De Naray’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Ethan De Naray and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us. 

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

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